Worse. Up until recently (2020), Chinese listed companies routinely failed to meet oversight rules, with Nasdaq's connivance https://en.wikipedia.org/wiki/Hold

Worse. Up until recently (2020), Chinese listed companies routinely failed to meet oversight rules, with Nasdaq's connivance https://en.wikipedia.org/wiki/Holding_Foreign_Companies_Accountable_Act https://en.wikipedia.org/wiki/Holding_Foreign_Companies_Acco... https://en.wikipedia.org/wiki/EQUITABLE_Act https://en.wikipedia.org/wiki/EQUITABLE_Act https://news.cgtn.com/news/2020-12-03/China-slams-new-audit-law-targeting-Chinese-companies-in-the-U-S--VVjaXGMKze/index.html https://news.cgtn.com/news/2020-12-03/China-slams-new-audit-... https://journals.library.columbia.edu/index.php/CBLR/announcement/view/247 https://journals.library.columbia.edu/index.php/CBLR/announc... In 2015, the SEC reached a settlement with the Chinese branches of the Big Four accounting firms on non-compliance with the PCAOB’s regulation, and the administrative proceeding against these firms was dismissed for four years.[15] Now, four years have passed, and the conflict of regulation remains unresolved.